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  5. Lifeplan Education Savings Plan - High Growth - Managed fund profile

Lifeplan Education Savings Plan - High Growth - Managed Fund

Fund Objective
The investment fund aims to provide growth over the long term through investment in a diversified portfolio of Australian and Global shares.
Fund Strategy
The broad asset allocation is to be 100% invested in Australian and Global shares. Allocations are regularly reviewed and may be altered in response to a fundamental change in long term expectations or market demand. This option may partially hedge currency risk.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -0.56% 2.84% 3.74% 6.33% 10.02% 3.56% 6.81% 6.84%
Growth return -0.56% 2.84% 3.74% 6.33% 10.02% 3.56% 6.81% 6.84%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Agg Tgt Alloc NR AUD )
Total return 0.32% 5.26% 6.65% 15.89% 13.66% 6.07% 8.83% 9.04%
As at 31 Aug 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Lifeplan Education Savings Plan - High Growth
Australian Equities
35.30%
International Equities
58.70%
Cash
1.94%
Property
4.06%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
33.73%
International Equities
48.43%
Cash
3.42%
Property
5.55%
Fixed Interest
5.67%
Alternatives
3.20%

General Information

Fund Details
Type Description
Lifeplan Education Savings Plan - High Growth
Lifeplan Australia Friendly Society Ltd
LIF0016AU
Multisector Aggressive
starstarstarstarstar (as at 31 May 2024)
Investment Fund
1 Jan 2006
$17.3 million (as at 31 Aug 2024)
$2.5901 (as at 13 Sep 2024)
$2.5901 (as at 13 Sep 2024)
Closed
Offer information
Type Description
MER 1.95% (as at 20 Feb 2024)
Indirect Cost Ratio (ICR) 1.95% (as at 30 Jun 2012)
Minimum initial investment $1,000.00
Minimum additional investments $500.00
Minimum redemption amount $500.00

Top 10 holdings (as at 31 Jul 2024)

Holding (as at 31 Jul 2024) Type % of Portfolio
BHP Group Ltd Equity 4.39%
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FAQs about the Lifeplan Education Savings Plan - High Growth

The objective of the Lifeplan Education Savings Plan - High Growth managed fund is The investment fund aims to provide growth over the long term through investment in a diversified portfolio of Australian and Global shares.

The strategy of the Lifeplan Education Savings Plan - High Growth managed fund is The broad asset allocation is to be 100% invested in Australian and Global shares. Allocations are regularly reviewed and may be altered in response to a fundamental change in long term expectations or market demand. This option may partially hedge currency risk.

The APIR code of the Lifeplan Education Savings Plan - High Growth managed fund is LIF0016AU.

Lifeplan Education Savings Plan - High Growth’s total return last month was -0.56%. This was made up of a growth return of -0.56% and an income return of 0%. These returns were calculated as at 31 Aug 2024.

Lifeplan Education Savings Plan - High Growth’s total return for the last three months was 2.84%. This was made up of a growth return of 2.84% and an income return of 0%%. These returns were calculated as at 31 Aug 2024.

Lifeplan Education Savings Plan - High Growth’s one-year total return is 6.33%. This was made up of a growth return of 6.33% and an income return of 0%. These returns were calculated as at 31 Aug 2024.

Lifeplan Education Savings Plan - High Growth’s one-year total return is 3.56%. This was made up of a growth return of 3.56% and an income return of 0%. These returns were calculated as at 31 Aug 2024.

The asset allocation of the Lifeplan Education Savings Plan - High Growth managed fund is :

Australian Equities
35.30%
International Equities
58.70%
Cash
1.94%
Property
4.06%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Lifeplan Education Savings Plan - High Growth managed fund is Lifeplan Australia Friendly Society Ltd.

The Lifeplan Education Savings Plan - High Growth managed fund belongs to the Multisector Aggressive sector/asset class.

As at 31 Aug 2024, the size of the Lifeplan Education Savings Plan - High Growth managed fund was $17.3 million.

The Lifeplan Education Savings Plan - High Growth managed fund has an inception date of 1 Jan 2006.

The current entry price of the Lifeplan Education Savings Plan - High Growth managed fund is $2.5901 per unit and the current exit price is $2.5901 per unit (as at 13 Sep 2024).

The current exit price of the Lifeplan Education Savings Plan - High Growth managed fund is $2.5901 per unit and the current entry price is $2.5901 per unit (as at 13 Sep 2024).

The minimum initial investment amount for the Lifeplan Education Savings Plan - High Growth managed fund is $1,000. Minimum additional investment is $500.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.